REKT: Almost 77% of the $773M liquidations in just 24 hours… came from shorts.
Yeah, you can feel the pain in that number.
Market didn’t just move up — it squeezed. Hard. Shorts kept stacking, thinking the top was in, and price just kept pushing until they were forced out one by one.
That kind of imbalance changes the mood fast. What looked like resistance turns into fuel.
But here’s the thing… after a squeeze like this, things can get tricky. Either continuation kicks in with real strength, or the market cools off once the pressure is gone.
Right now, it’s less about being right… more about not getting caught on the wrong side of the next move.